Payment plan property for sale: Houses, flats, estate land, etc
Explore 61 listings of Payment plan property for sale in Abuja, Lagos and across Nigeria. Start your journey of buying your dream home through installment payment by browsing houses, duplexes, terraces, bungalows, flats, estate lands with payment plan options.
61 properties found
4 bedroom terrace duplex with a room boy’s quarters
This spacious 4 bedroom terrace duplex with a room boy’s quarters is located in a nice, serene, secured and accessible area with good roads. The […]
200sqm, 250Sqm & 500Sqm buildable plots of land in an estate
This contemporary residential masterpiece nestled in the heart of Life Camp, Abuja. Designed for modern living, this exclusive estate offers a harmonious blend of style, […]
5 bedroom detached duplex with a room boy’s quarters
This solidly built and spacious house is located in a nice, serene, secured and accessible estate with good roads. The project is offered at a […]
Spacious 5 bedroom terrace at Genesis estate
This spacious and beautifully designed 5 bedroom terrace duplex is located in Genesis estate Gaduwa. The estate promises to deliver top notch finishing and state […]
4 bedroom terrace duplex with Bq at Fortress estate
Payment plan guide: 40% initial deposit is required with the balance spread over 24 months.
Modern 2 bedroom apartment & Bq with swimming pool, etc
Introducing the stunning modern 3 bedroom apartment designed for contemporary living with unparalleled convenience and luxury. Currently under construction, this exceptional residence promises a lifestyle […]
Spacious 3 bedroom flat with a room boy’s quarters
This solidly built and spacious 3 bedroom flat with a room Bq is located in a nice, serene, secured and accessible estate with good roads. […]
500sqm estate plot for 5 bedroom detached duplex
This project is developed by Sow real estate and it’s the phase 2 of their popular estate in Karsana. Landmark: beside renewed hope estate
5 bedroom semi-detached duplex with a room boy’s quarters
Payment guide: Make an initial deposit of 40% of the price and spread the balance within 11 months.
Spacious 2 bedroom flat in a nice area
This project is currently being developed and it’s located in a nice and accessible area. The project will be delivered by the end of 2025. […]
Buying a payment plan property
Purchasing a property is a significant financial commitment, and not everyone can afford to pay the full amount outright. That’s where buying a property by payment plan come in.
What is payment plan?
Payment plan is a flexible and convenient way to invest in real estate without the immediate burden of a large lump sum payment.
Payment plan properties allow buyers to secure a home, apartment, land, or commercial space by paying in installments over time as agreed by the seller and the buyer, often with little or no interest. These plans are especially beneficial for first-time buyers, investors, and those looking for budget-friendly options.
Key Benefits of Payment Plan Properties:
- No Bank Financing Needed – Avoid hefty mortgage loans and strict eligibility criteria.
- Flexible Payment Terms – Spread payments over months or years to suit your budget.
- Low Initial Deposit – Secure a property with a small down payment.
- Ownership While Paying – Move in or rent out the property as you complete payments.
Whether you’re looking for an affordable home or a strategic real estate investment, payment plan properties offer a practical and accessible path to ownership. Explore available payment plan listings today and take the first step toward securing your dream property!
Tip: Always research the developer’s reputation, read the contract carefully, and ensure the payment plan aligns with your financial capacity.
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What is a Payment Plan Property?
A payment plan property allows buyers to purchase real estate through installment payments over an agreed period instead of paying the full amount upfront. This type of real estate purchase is common in off-plan or under-construction properties.
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How Do Payment Plans Work?
- The buyers pay an initial down payment (e.g., 10 - 50% as the case may be) and then make monthly, quarterly, or yearly installments until full payment is made. - While some plans are interest-free, others may include financing charges.
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What Are the Benefits of a Payment Plan?
- No bank loan required (in some cases). - Flexible payment terms (spread over months/years). - Lower upfront cost compared to cash purchases. - Potential for capital appreciation during the payment period.
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What Are the Risks Of Payment Plan?
- Developer reliability – If the developer delays or cancels the project, buyers may face losses. - Penalties for missed payments – Some contracts impose fees or cancellation for late payments. - The property may be sold at a slightly higher cost than when making outright payment. - Market fluctuations – Property value may decrease before full payment.
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Can I Get a Mortgage Alongside a Payment Plan?
- Some developers allow bank financing for the remaining balance after the down payment. - Others require full cash payments without external loans.
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What Happens If I Miss a Payment?
- Developers may charge late fees or cancel the contract (varies by agreement). - Some allow a grace period or rescheduling.
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Is the Property Mine During the Payment Plan?
- No, until full payment is made, the developer usually retains ownership. - Some contracts allow partial ownership transfer after a certain percentage is paid.
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Can I Sell the Property Before Completing Payments?
- Some developers allow resale, but may require approval or fees. - Others prohibit resale until full payment.
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Are There Hidden Costs?
- Possible additional fees may include registration fees, service charges, maintenance fees, VAT/taxes. - Always review the contract details before signing.
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Can I Customize the Property During the Payment Plan?
- Usually not allowed until full payment and handover. - Some developers offer early customization options for an extra fee.
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How Long Are Payment Plans Typically?
- In Nigeria, the standard duration of a payment plan is determined by the project construction period (maybe 3 – 24 months). Hence, the payment plan period decreases as the development of the project progresses. - In some instances, developers offer longer payment plan duration.
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Is a Down Payment Refundable?
- Most developers offer a full refund if a buyer cancels or defaults (check contract terms). - Some may offer partial refunds under certain conditions.
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Do I Need a Lawyer to Review the Contract?
- Highly recommended to avoid unfair clauses. - Ensure the contract includes payment schedule, penalties, delivery date, and exit clauses.